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EMPLOYEE BENEFIT PLAN OF THE COUNCIL OF THE SOUTHERN MOUNTAINS 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF THE COUNCIL OF THE SOUTHERN MOUNTAINS
Plan identification number 002

EMPLOYEE BENEFIT PLAN OF THE COUNCIL OF THE SOUTHERN MOUNTAINS Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

THE COUNCIL OF THE SOUTHERN MOUNTAI NS has sponsored the creation of one or more 401k plans.

Company Name:THE COUNCIL OF THE SOUTHERN MOUNTAI NS
Employer identification number (EIN):550479026
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF THE COUNCIL OF THE SOUTHERN MOUNTAINS

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01RANDAL JOHNSON2024-07-11
0022022-01-01RANDAL JOHNSON2023-07-17
0022021-01-01RANDAL JOHNSON2022-07-18
0022020-01-01RANDAL JOHNSON2021-07-15
0022019-01-01RANDAL JOHNSON2020-07-23
0022018-01-01RANDAL JOHNSON2019-07-10
0022017-01-01RANDAL JOHNSON2018-07-09 RANDAL JOHNSON2018-07-09
0022016-01-01RANDAL JOHNSON2017-06-26 RANDAL JOHNSON2017-06-26
0022015-01-01RANDAL JOHNSON2016-07-06 RANDAL JOHNSON2016-07-06
0022014-01-01RANDAL JOHNSON2015-06-23 RANDAL JOHNSON2015-06-23
0022013-01-01RANDAL JOHNSON2014-07-09 RANDAL JOHNSON2014-07-09
0022012-01-01RANDAL JOHNSON2013-07-25 RANDAL JOHNSON2013-07-25
0022011-01-01RANDAL JOHNSON2012-06-19
0022010-01-01PATRICIA VAUGHN2011-07-14 RANDAL JOHNSON2011-07-14

Financial Data on EMPLOYEE BENEFIT PLAN OF THE COUNCIL OF THE SOUTHERN MOUNTAINS

Measure Date Value
2025 : EMPLOYEE BENEFIT PLAN OF THE COUNCIL OF THE SOUTHERN MOUNTAINS 2025 401k financial data
Total transfers to/from plan in this plan year2025-07-180
Total liabilities as of the end of the plan year2025-07-180
Total liabilities as of the beginning of the plan year2025-07-180
Total expenses incurred by plan in this plan year2025-07-18888
Net assets as of the end of the plan year2025-07-18296401
Total assets as of the beginning of the plan year2025-07-18251226
Value of plan covered by a fidelity bond2025-07-1811000
Participant contributions to plan in this plan year2025-07-1811692
Value of participant loans at end of plan year2025-07-1819894
Other expenses paid from plan in this plan year2025-07-180
Other contributions to plan in this plan year2025-07-180
Other income to plan in this plan year2025-07-1827369
Plan net income in this plan year2025-07-1845175
Net assets as of the end of the plan year2025-07-18296401
Net assets as of the beginning of the plan year2025-07-18251226
Employer contributions to plan in this plan year2025-07-187002
Fees paid to broker by Benefit Provider2025-07-1826
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-1848
2024 : EMPLOYEE BENEFIT PLAN OF THE COUNCIL OF THE SOUTHERN MOUNTAINS 2024 401k financial data
Total transfers to/from plan in this plan year2024-07-110
Total liabilities as of the end of the plan year2024-07-110
Total liabilities as of the beginning of the plan year2024-07-110
Total expenses incurred by plan in this plan year2024-07-1122048
Net assets as of the end of the plan year2024-07-11251226
Total assets as of the beginning of the plan year2024-07-11227644
Value of plan covered by a fidelity bond2024-07-1111000
Participant contributions to plan in this plan year2024-07-1111067
Value of participant loans at end of plan year2024-07-1110889
Other expenses paid from plan in this plan year2024-07-110
Other contributions to plan in this plan year2024-07-110
Other income to plan in this plan year2024-07-1127954
Plan net income in this plan year2024-07-1123582
Net assets as of the end of the plan year2024-07-11251226
Net assets as of the beginning of the plan year2024-07-11227644
Employer contributions to plan in this plan year2024-07-116609
Fees paid to broker by Benefit Provider2024-07-1178
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-1148
2022 : EMPLOYEE BENEFIT PLAN OF THE COUNCIL OF THE SOUTHERN MOUNTAINS 2022 401k financial data
Total transfers to/from plan in this plan year2022-07-180
Total liabilities as of the end of the plan year2022-07-180
Total liabilities as of the beginning of the plan year2022-07-180
Total expenses incurred by plan in this plan year2022-07-1857551
Net assets as of the end of the plan year2022-07-18278709
Total assets as of the beginning of the plan year2022-07-18288728
Value of plan covered by a fidelity bond2022-07-1811000
Participant contributions to plan in this plan year2022-07-1810208
Value of participant loans at end of plan year2022-07-1813630
Other expenses paid from plan in this plan year2022-07-1848
Other contributions to plan in this plan year2022-07-18697
Other income to plan in this plan year2022-07-1830406
Plan net income in this plan year2022-07-18-10019
Net assets as of the end of the plan year2022-07-18278709
Net assets as of the beginning of the plan year2022-07-18288728
Employer contributions to plan in this plan year2022-07-186221
Fees paid to broker by Benefit Provider2022-07-1830

Potentially related plans

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